What is Scotiabank's Forecast for TSE:QSR FY2026 Earnings?

Key Points

• Scotiabank slightly trimmed its FY2026 EPS forecast for Restaurant Brands International to $5.49 from $5.50, while the consensus full‑year estimate remains significantly higher at $7.32 per share.
• Piper Sandler upgraded QSR to "overweight" with a C$84.00 price target and MarketBeat's consensus rating is "Moderate Buy" with an average target of C$84.00, which is notably below the current share price (~C$108.76).
• Restaurant Brands raised its quarterly dividend to $0.65 (annualized $2.60) for a ~2.4% yield, though the dividend payout ratio is a high 105.53%, indicating dividends exceed current earnings.

Restaurant Brands International Inc. (TSE:QSR - Free Report) NYSE: QSR - Analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Restaurant Brands International in a report issued on Friday, May 1st. Scotiabank analyst J. Zamparo now expects that the company will post earnings of $5.49 per share for the year, down from their prior forecast of $5.50. The consensus estimate for Restaurant Brands International's current full-year earnings is $7.32 per share.

Separately, Piper Sandler raised Restaurant Brands International from a "hold" rating to an "overweight" rating and set a C$84.00 price target on the stock in a research note on Sunday, March 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$84.00.

Restaurant Brands International Stock Performance

TSE:QSR opened at C$108.76 on Monday. The company has a debt-to-equity ratio of 478.23, a current ratio of 0.98 and a quick ratio of 0.80. The stock's 50 day simple moving average is C$102.83 and its two-hundred day simple moving average is C$98.05. The company has a market cap of C$37.77 billion, a price-to-earnings ratio of 46.28, a PEG ratio of 2.22 and a beta of 0.22. Restaurant Brands International has a 1 year low of C$84.78 and a 1 year high of C$111.61.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last released its quarterly earnings data on Thursday, February 12th. The company reported C$1.32 earnings per share (EPS) for the quarter. Restaurant Brands International had a return on equity of 23.08% and a net margin of 8.23%.The business had revenue of C$3.38 billion for the quarter.

Insider Activity

In other news, insider Jeffrey Housman sold 20,000 shares of Restaurant Brands International stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of C$100.29, for a total value of C$2,005,800.00. Following the sale, the insider directly owned 162,080 shares of the company's stock, valued at C$16,255,003.20. The trade was a 10.98% decrease in their ownership of the stock. 1.24% of the stock is owned by corporate insiders.

Restaurant Brands International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, April 2nd were paid a $0.65 dividend. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.62. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, March 19th. Restaurant Brands International's dividend payout ratio is presently 105.53%.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton's supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Horton's International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton's (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).

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